MIT Solve

Solution Overview

Solution Name

Solution Name :Track the cart. Technology : Machine Learning

One-line solution summary.

Our product shows street venders near your area , so that you can interact with them,rate them and buy goods. Both poor and the plain folks will get benefited.

Elevator pitch

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What is your solution?

Our solution consists of GPS tracking system to find out the Street vendors wandering in and around our locality and make use of them.

When such street vendors arrive near our residence our app will make alarms to the user and notify them.

It uses the AI technology with Virtual Reality so that we can easily point out our vendor and buy our requirements and it applies same to the vendors too.

What specific problem are you trying to solve?

I'm trying to solve the problem of economically poor vendors who are not getting the reliable profit as per their investment.

Upto 70% of the street vendors are affected and in consequence this leads to economic lowering in this abundant population.

The factors contributing to this are wide range of people cannot afford a single vendor at the same time and the other factor is time consumption in bargaining and Improper acknowledgement of the vendor

Who does your solution serve? In what ways will the solution impact their lives?

By our app we can steadily reduce the time consumption in finding out the vendors and provide the legitimate profit to both the buyer and the seller.

The target population I'm looking at is the economically poor and the middle classes. They are currently undeserved because most people afford for outdoor marketing at higher price in need of all range of products and quality needs.

By this solution we can address their needs by initially ordering and checking the quality of our goods such as vegetables and fruits before paying. By this way we can get through the needs of buyer and the seller.

What steps have you taken to understand the needs of the population you want to serve?

I have done research in this problem with potential users and planning to work with them in the near future.

I have gone through statistic analysis in the three way shopping 1.Outdoor shopping 2.Indoor Online shopping 3.Indoor vendor shopping and got through some results for which shopping is preferred by most of the people. Over 90% people chose Indoor vendor shopping over the other two.

Which aspects of the Challenge does your solution most closely address?

Improving financial and economic opportunities for all (Economic Prosperity)

Our solution's stage of development:

Concept: An idea being explored for its feasibility to build a product, service, or business model based on that idea

Explain why you selected this stage of development for your solution—in other words, what have you accomplished to date?

I'm a B. Tech student aspiring to become a software developer. I hope this platform will definitely gain my knowledge in hackathon and help to develop my start up skills.

Where our solution team is headquartered or located:

Cuddalore, Tamil Nadu, India

Team Lead:

ENUSHA M